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Umm Al Quwain Free Trade Zone is a developed Free Zone in Umm Al Quwain which is known for its desert landscape and unique flora and fauna. [3] [4] [5] UAQ FTZ is situated close to the UAE’s primary sea ports and in close proximity to Dubai International Airport and Sharjah International Airport .
The Free Trade Zone of Umm Al Quwain (UAQ FTZ) was established in 1987. It was previously known as Ahmed Bin Rashid Port and Free Zone. The UAQ Free Trade Zone has been awarded the winner of the Qadat Al Tagheer Award for the “Best Free Zone for Start-ups and SMEs” at the 5th UAE - India Economic Forum (UIEF) in 2019.
The UAE has a number of free zones across Dubai, [1] Abu Dhabi, Sharjah, Fujairah, Ajman, Ras al-Khaimah and Umm al-Quwain. Free zones may be broadly categorized as seaport free zones, airport free zones, and mainland free zones. Free-trade zone exemptions are: [2] 100% foreign ownership of the enterprise. 100% import and export tax exemptions.
The city of Umm Al Quwain's economy depends on revenue from hotels, parks, tourism, fisheries, trading activities, manufacturing, as well as the Umm Al Quwain Free Zone. The Umm Al Quwain government has launched several programs to attract investment, and to support small and medium-sized enterprises (SMEs), and the fisheries sector in to the city.
Petrochem oil tank, Jebel Ali Free Zone, Dubai (UAE) Located in Dubai, JAFZA is one of the largest and oldest freezones in the UAE. It offers a hub for industries such as manufacturing, logistics, and trading. Jafza is spread over 57 square km in the Jebel Ali area at the far western end of Dubai, on the Skeikh Zayed Road (E11).
Enugu Industrial Park (Free Zone Status), also known as, ENPOWER [6] Kano Free Trade Zone. Ibom Science & Technology Park Free Zone. Lekki Free Trade Zone. Maigatari Border Free Trade Zone. Nigeria International Commerce city. Onne Oil and Gas Free Trade Zone. Ogun-Guangdong Free Trade Zone.
Areas. 260 km 2 (100 sq mi) ( Ajman) – 67,000 km 2 (26,000 sq mi) ( Abu Dhabi) Government. Emirate government. Subdivisions. Regions, Municipalities, Counties. The United Arab Emirates consists of seven emirates ( Arabic: إمارات ʾimārāt; singular: إمارة ʾimārah ), which were historically known as the Trucial States. [1] There ...
In the UAE, free zones offer specific tax benefits for businesses operating within them. Companies in these zones benefit from: Corporate Tax Exemptions: Free zone companies are generally exempt from corporate taxes for a period of 15 to 50 years, which is renewable. This exemption is a significant incentive for businesses looking to establish ...
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